10-Q Filing

PACKAGING CORP OF AMERICA CIK: 75677 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-039297`
Period End Date	20190930
Filing Date	20191101
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	pkg-10q_20190930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 77 Cash Flow Statement 58 Stockholders Equity 32 Comprehensive Income 8

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$13.90M	USD	Point-in-time
Allowance for doubtful accounts and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$13.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$361.50M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$738.30M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $13.9 million and $13.6 million as of September 30, 2019, and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$901.90M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	94.70M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $13.9 million and $13.6 million as of September 30, 2019, and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$932.30M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	94.50M	shares	Point-in-time
Inventories	`InventoryNet`	$806.30M	USD	Point-in-time
Inventories	`InventoryNet`	$795.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$44.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.40M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$9.50M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$16.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.53B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$3.11B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$3.11B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$232.30M	USD	Point-in-time
Goodwill	`Goodwill`	$917.30M	USD	Point-in-time
Goodwill	`Goodwill`	$918.70M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$378.20M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$348.50M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$50.50M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$49.90M	USD	Point-in-time
Total assets	`Assets`	$7.19B	USD	Point-in-time
Total assets	`Assets`	$6.57B	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityCurrent`	$1.40M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityCurrent`	$1.50M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityCurrent`	$60.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$385.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$382.20M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$76.10M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$76.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$220.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$222.40M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$11.50M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$26.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$693.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$770.70M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.49B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.48B	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$17.60M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$16.40M	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$177.30M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$285.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$327.60M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$320.30M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$357.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$57.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.70M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.20B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.39B	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.7 million and 94.5 million shares issued as of September 30, 2019, and December 31, 2018, respectively	`CommonStockValue`	$900.00K	USD	Point-in-time
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.7 million and 94.5 million shares issued as of September 30, 2019, and December 31, 2018, respectively	`CommonStockValue`	$900.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$518.90M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$494.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.32B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.64B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-138.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-128.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.67B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.03B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.57B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.19B	USD	Point-in-time

Income Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.24B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.27B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.81B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.75B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.37B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.05B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$3.98B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.34B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.22B	USD	3 Qtrs
Gross profit	`GrossProfit`	$411.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.26B	USD	3 Qtrs
Gross profit	`GrossProfit`	$443.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$420.60M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$134.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$406.70M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$136.90M	USD	1 Quarter
Other expense, net	`OperatingCostsAndExpenses`	$11.70M	USD	1 Quarter
Other expense, net	`OperatingCostsAndExpenses`	$32.20M	USD	3 Qtrs
Other expense, net	`OperatingCostsAndExpenses`	$21.50M	USD	3 Qtrs
Other expense, net	`OperatingCostsAndExpenses`	$10.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$818.60M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$262.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$781.00M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$298.50M	USD	1 Quarter
Non-operating pension expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$500.00K	USD	1 Quarter
Non-operating pension expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$6.00M	USD	3 Qtrs
Non-operating pension expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$1.60M	USD	3 Qtrs
Non-operating pension expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$1.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-23.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-68.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-21.60M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-73.40M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$744.60M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$706.00M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$274.10M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$239.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$172.60M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$67.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$59.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$184.40M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$206.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$533.40M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$560.20M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$5.65	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$2.19	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.93	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.91	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$5.64	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.89	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.79	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.21	USD	3 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.37	USD	3 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.79	USD	1 Quarter
Net income	`NetIncomeLoss`	$206.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$533.40M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$560.20M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-100.00K	USD	3 Qtrs
Reclassification adjustments to cash flow hedges included in net income, net of tax of $0.3 million, $0.3 million, $1.0 million, and $1.0 million	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-3.00M	USD	3 Qtrs
Reclassification adjustments to cash flow hedges included in net income, net of tax of $0.3 million, $0.3 million, $1.0 million, and $1.0 million	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Reclassification adjustments to cash flow hedges included in net income, net of tax of $0.3 million, $0.3 million, $1.0 million, and $1.0 million	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Reclassification adjustments to cash flow hedges included in net income, net of tax of $0.3 million, $0.3 million, $1.0 million, and $1.0 million	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.90M	USD	3 Qtrs
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million, $1.0 million, $2.4 million, and $3.0 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$8.90M	USD	3 Qtrs
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million, $1.0 million, $2.4 million, and $3.0 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.40M	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million, $1.0 million, $2.4 million, and $3.0 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$3.00M	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $0.8 million, $1.0 million, $2.4 million, and $3.0 million	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$7.10M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.40M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.80M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$183.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$570.20M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$545.20M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$210.70M	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$560.20M	USD	3 Qtrs
Net income	`ProfitLoss`	$533.40M	USD	3 Qtrs
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$313.60M	USD	3 Qtrs
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$288.60M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$6.50M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$6.50M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$17.40M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$24.50M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$38.30M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$34.90M	USD	3 Qtrs
Loss on asset disposals	`GainLossOnDispositionOfAssets1`	$-6.70M	USD	3 Qtrs
Loss on asset disposals	`GainLossOnDispositionOfAssets1`	$-4.90M	USD	3 Qtrs
Pension and post-retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$2.70M	USD	3 Qtrs
Pension and post-retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$30.40M	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$9.60M	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$3.30M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$30.30M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$148.90M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$22.60M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.60M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.30M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$19.60M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$23.70M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.40M	USD	3 Qtrs
Federal and state income taxes payable / receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-7.80M	USD	3 Qtrs
Federal and state income taxes payable / receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-64.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$878.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$834.50M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$404.30M	USD	3 Qtrs
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$263.80M	USD	3 Qtrs
Additions to other long term assets	`PaymentsToAcquireOtherProductiveAssets`	$4.10M	USD	3 Qtrs
Additions to other long term assets	`PaymentsToAcquireOtherProductiveAssets`	$4.50M	USD	3 Qtrs
Proceeds from disposals	`ProceedsFromSaleOfProductiveAssets`	$1.40M	USD	3 Qtrs
Proceeds from disposals	`ProceedsFromSaleOfProductiveAssets`	$500.00K	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.40M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.60M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-405.30M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-268.30M	USD	3 Qtrs
Repayments of debt and finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$151.00M	USD	3 Qtrs
Repayments of debt and finance lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.10M	USD	3 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$193.40M	USD	3 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$223.90M	USD	3 Qtrs
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.90M	USD	3 Qtrs
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.10M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-352.30M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-233.10M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.90M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$376.80M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$216.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$361.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$293.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$738.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$216.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$361.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$293.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$738.30M	USD	Point-in-time

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.67B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$8.10M	USD	3 Qtrs
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$300.00K	USD	1 Quarter
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$7.90M	USD	3 Qtrs
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$300.00K	USD	1 Quarter
Common stock dividends declared	`DividendsCommonStockCash`	$224.70M	USD	3 Qtrs
Common stock dividends declared	`DividendsCommonStockCash`	$75.00M	USD	1 Quarter
Common stock dividends declared	`DividendsCommonStockCash`	$74.90M	USD	1 Quarter
Common stock dividends declared	`DividendsCommonStockCash`	$209.30M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.10M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.80M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.60M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.70M	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-200.00K	USD	3 Qtrs
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	-	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$200.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$183.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$570.20M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$545.20M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$210.70M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.53B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.03B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.67B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Reclassification adjustments to cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.00M	USD	3 Qtrs
Reclassification adjustments to cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-300.00K	USD	1 Quarter
Reclassification adjustments to cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-300.00K	USD	1 Quarter
Reclassification adjustments to cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.00M	USD	3 Qtrs
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$800.00K	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$3.00M	USD	3 Qtrs
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$1.00M	USD	1 Quarter
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$2.40M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.